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AMC To Launch A New Video Streaming Platform

The American entertainment giant AMC Networks is planning to launch a free video streaming OTT platform aimed at millennial cable TV subscribers, as reported by Reuters. The new service wouldn’t be available as a standalone package and will not feature any advertisements.

The new service may come between price range of $4.99 and $6.99 for monthly subscriptions. The unconventional business model that AMC is expected to utilize could theoretically cater to both satellite and cable companies, as well as the young millennials who are considering cutting the cords.

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